EUROBANK PROPERTY SERVICES SA

  |  2017-02-06

Eurobank Property Services Residential Indices Quarter 4 2016 – Romania

Eurobank Property Services (EPS) is announcing the release of the latest figures of the Residential Property Index for the Romanian Market, covering the fourth quarter of 2016.

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The EPS Residential Index includes over 11 years of historical data, starting from the middle of 2005.


The national index of the new issue of the EPS residential price indices of Romania, remains stable, exhibiting a slight increase of 1.4% in the fourth quarter of 2016 in comparison to 0.1% recorded in the third quarter of 2016. The upward y-o-y trend persisted and resulted to an overall increase of 4.2% year-on-year, since the corresponding quarter of 2015. The price stabilization in combination with the 0.9% change per annum during the past five years, suggests that, the succeeding price stagnation of the residential market of Romania continues, with clear signs of price recovery.

 

These optimistic signs are also confirmed by the index of Bucharest that preserved its y-o-y upward trend by 4.8%, higher than the y-o-y evolution of 3.9% registered in Q3 2016.

 

An upward y-o-y trend was also observed in the index of Bucharest Ring, whose upward trend continued by 4.3%, in line with the third quarter of 2016. Central Bucharest also presented a positive y-o-y price growth of 4.2%, while the Bucharest and Ilfov Region exhibited positive y-o-y price growth of 4.4% in the fourth quarter of 2016.


The eight divisions of Romania exhibited rising y-o-y trends, with an average of 4%. A moderate y-o-y increase of 0.4% was recorded only in North Division.


The individual indices of the 11 large cities of Romania present a stable q-o-q performance overall, with quarterly fluctuations that appear to consist of short term corrections or statistical noise, rather than any solid indication of a distinguished performance, either positive or negative. On the other hand, the y-o-y evolution is showing consistent upward trends for most of the large cities.

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TOP DEALERS COMPANIES (2015)
Scoring Methodology by ERNST&YOUNG


 
#
COMPANY NAME
MCR TOTAL SCORING
 
1 ROMTURINGIA SRL 2,3750
2 LANGENDORF MEDIAS SRL 1,9375
3 INDCAR BUS INDUSTRIES SRL 1,8125
4 SCHRADER MEDIAS SRL 1,8125
5 DELTAMED SRL 1,7500
6 NOOTEBOOM SRL 1,7500
7 DYPETY SRL 1,7500
8 C & I EUROTRANS XXI SRL 1,5625
9 TERMOPORT SRL 1,4375
10 OEHLER-MECANICA SRL 1,3125